Area Intelligence

TMN DESA CEMERLANG

4 properties
2021
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Median Price
RM 765,000
PSF: RM 547

Commercial Market

Median Price

RM 765,000

IQR: RM 211
MAD: RM 101
RM 547 PSF 9.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN DESA CEMERLANG in Johor Bahru, Johor recorded 4 subsale transactions in 2021, with a median price of RM 765K and a median price per square foot (PSF) of RM 547.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 765K, with most transactions falling within a stable range of RM 712K to RM 780K, and a typical market range of RM 650K to RM 780K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 547, with most transactions between RM 509 and RM 584. The usual range is RM 441.00 to RM 652.00, showing that most units are priced quite close to each other. With an IQR of RM 211.00 and MAD of RM 38, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN DESA CEMERLANG, Johor Bahru, Johor

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Transactions

4 properties grouped by size

1,400 sqft
4 units Double Storey Shop
RM 780,000
JLN KENANGA 3
1,400 sqft · RM 557.00 PSF
Dec 2021
RM 780,000
JLN KENANGA 3
1,400 sqft · RM 557.00 PSF
Nov 2021
RM 650,000
JLN KENANGA 4
1,399 sqft · RM 465.00 PSF
Nov 2021
RM 750,000
JLN KENANGA 4
1,400 sqft · RM 536.00 PSF
Aug 2021